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The Prudential Authority is removing Moody’s Ratings-SA as an eligible credit assessment institution after the global agency voluntarily renounced its registration.
Said to be leaving to take up a role at the IMF.
Finance Minister Enoch Godongwana tabled the 2026 budget projecting that public debt has reached its peak and will begin to decline over the medium term. After several years in which debt ratios climbed and fiscal buffers narrowed, the framework set out a consolidation path built on sustained primary surpluses and moderated borrowing. Gross debt is…
Standard Bank Group chief economist Goolam Ballim considers 2026 more predictable than last year, saying predictability is ‘a nice alternative to perfection’.
The bank believes the country could achieve the kind of medium-term growth it has not experienced in years.
The standoff emerged after Ghana secured a bailout from the International Monetary Fund and took steps to restructure its debt following a 2022 default.
Due to the country’s improving growth and fiscal trajectory, plus Eskom’s financial turnaround.